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Michael Kors (KORS) PT Raised to $54 at Cowen; Reiterates Market Perform

November 6, 2017 5:17 PM EST

Cowen raised its price target on Michael Kors (NYSE: KORS) to $54.00 (from $52.00) while maintaining a Market Perform rating. Amplification of product newness, substantial pullback of promotional days & inventory, new merchandise across a range of product and makes are driving healthier global growth and... More